GK
IMPORTANT ACTS OF THE PARLIAMENT OF INDIA
Question
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Indian Partnership Act____
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1931
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1932
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1933
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1934
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Explanation:
Detailed explanation-1: -The aim of the formation of the partnership should be to earn profits and share them among partners. The sharing of profit and losses can either be according to the ratio of the capital contributed by each partner or be equally among all the partners unless otherwise specified.
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